Deere Expands Irrigation Business with Acquisition
By Jennifer DeWitt, Quad-City Times
Two years after its entrance into irrigation equipment manufacturing, Deere & Co. announced Thursday that it has acquired T-Systems International Inc. in a move that expands its growing John Deere Water Technologies operation.
In a news release, Deere said it has completed the acquisition of the leading drip irrigation company. The San Diego, Calif.-based T-Systems manufactures and sells products for agricultural, nursery, landscape, mining and greenhouse applications. Details of the financial transaction were not disclosed.